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Mathematics, 28.04.2021 05:30 unruhlsY25

Tiberius has a credit card with an APR of 18.6%. On April 30, he had an unpaid credit card balance of $434. During the month of May, he charged $284.50 worth of
purchases to the credit card and made a $300 payment toward the card balance.
Calculate the monthly interest rate based upon the credit card's APR.

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Tiberius has a credit card with an APR of 18.6%. On April 30, he had an unpaid credit card balance...
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